868 E Alvarado 7, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 2 bath

868 E Alvarado 7, Fallbrook, California 92028 home-pic-0

868 E Alvarado 7

Fallbrook, California 92028

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
945Sq Ft
146,889Lot Size

Property Price

LIST PRICE$365,000

SUMMARY

Analysis of 868 E Alvarado 7, Fallbrook, California 92028 is currently available with a list price of $365,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1980, the property has been extensively and recently remodeled to meet modern standards. It features new wide-plank vinyl flooring, updated sinks, and contemporary finishes throughout. The unit is move-in ready with no deferred maintenance, aligning with the criteria for a fully renovated property within the last 5 years.

PROSSTRENGTHS & OPPORTUNITIES

CONSRISKS & DEFICIENCIES

About 868 E Alvarado 7

Complex is VA approved. Don’t miss this exceptional opportunity to own a beautifully remodeled condo! This spacious unit features upgraded wide-plank vinyl flooring and modern sinks, offering both comfort and contemporary style. The living room window captures unobstructed, peaceful mountain views, filling the space with natural light. You can also step out onto the walkway to enjoy the serene mountain scenery anytime you wish. A private balcony provides additional outdoor relaxation space. Two dedicated parking spaces add to the home’s convenience. The community offers outstanding amenities including a pool, hot tub, playground, and an on-site laundry room. The HOA covers water, sewer, and trash, making everyday living simple and affordable. Ideally located with quick access to downtown Fallbrook and the I-15 freeway, this home delivers the perfect combination of comfort, convenience, and charm. As the lowest-priced condo currently on the market, it’s an opportunity you won’t want to miss. A must-see home!

Property Details

Public Facts

Property Type
Condominium
Year Built
1980
Lot Size
146,889 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$450.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot9451,308
19%
Lot Size146,8892,831.5
81%
Price$365.0K$527.5K
13%
Price per sq ft$386$408
38%
Built year19801981
50%
HOA$450.0$450
50%
Days on market142155
44%

Pricing History

Listed for Sale

Feb 11, 2026

$365,000

$364,999

+0% Price Increase

Initial Listing

Price Change

Feb 1, 2026

$364,999

$365,000

+0% Price Increase

Initial Listing

Price Change

Dec 12, 2025

$365,000

$379,998

-4% Price Drop

Initial Listing

Price Change

Oct 16, 2025

$379,998

Initial Listing

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